BCEC’s Gender Equity Insights series featured in the Women’s Budget Statement 2022-23
The Bankwest Curtin Economics Centre continues to drive positive impact through its world-leading research programs.
For the second year in a row, the Gender Equity Insights series, undertaken in collaboration with the Workplace Gender Equality Agency (WGEA), has been referenced in the Federal Government’s Women’s Budget Statement.
In this year’s Women’s Budget Statement (2022-23), research findings from the BCEC|WGEA Gender Equity Insights 2020: Delivering the Business Outcomes report were highlighted as evidence underpinning the Government strategy encouraging more women into leadership positions in the private and public sector (page 45).
“More women in leadership roles is good for business and the economy,” the Women’s Budget Statement said. “For the average ASX company, an increase of 10 percentage points or more in the share of female key management personnel is associated with a 6.6 per cent increase in market value.“
Last year’s Women’s Budget Statement (2021-22) also recognised the importance of our longitudinal research with WGEA, noting our “world-first study on gender diversity in company leadership” in 2020 (page 55).
This recognition of the impact of BCEC’s longstanding partnership with WGEA highlights the significance of the Gender Equity Insight report series, which confronts a variety of important gender equity issues in the workplace that surface through reporting data from WGEA.
Established in 2016, the research partnership between BCEC and WGEA will continue creating world-leading gender equity evidence for another three years.